5 Oct 2015 12:08
MENZIES(JOHN) PLC - Director/PDMR ShareholdingMENZIES(JOHN) PLC - Director/PDMR Shareholding
PR Newswire
London, October 5
Director/ PDMR Shareholding
John Menzies plc(the “Company”)
5 October 2015
SAVINGS-RELATED STOCK OPTION SCHEME (“SHARESAVE SCHEME”)
The Company has been informed that, under the terms of the Company’s Sharesave Scheme, the following directors/PDMRs have been granted options to buy ordinary shares of £0.25 in the Company ("Ordinary Shares") at an option price of £3.50 per Ordinary Share. The options were granted on 2 October 2015 and the savings term is 3 years.
| Name | Number of Ordinary Shares over which option granted | Total number of Ordinary Shares held under Sharesave Scheme options |
| John Geddes | 606 | 2,464 |
| Paula Bell | 678 | 1,896 |
Please note: The Sharesave Scheme is an all employee HMRC approved Save As You Earn Scheme under which employees of the Company can save up to a maximum of £300 per month, over a period of three years. At the end of this period the amount saved can be used to buy Ordinary Shares at a price set at the start of the relevant savings period under the Sharesave Scheme. Employees can withdraw their participation at any time and have their money returned to them. The option to buy Ordinary Shares is normally exercisable for 6 months from the end of the relevant savings period.
John GeddesCompany Secretary0131 225 8555